Global EV Dysprosium Magnet Market 2024-2030
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Global EV Dysprosium Magnet Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

EV DYSPROSIUM MAGNET MARKET

 

INTRODUCTION TOEV DYSPROSIUM MAGNET MARKET

Dysprosium magnet is a rare-earth element and has a metallic, bright silver luster. It is quite soft and can be machined without sparking if overheating is avoided.

 

Dysprosium magnet's physical characteristics can be greatly affected by even small amounts of impurities.

 

Dysprosium is never found in nature as a free element, though, like other lanthanides, it is found in various minerals, such asxenotime. Naturally occurring dysprosium is composed of sevenisotopes, the mostabundantof which is Dy

 

Dysprosium and holmium have the highest magnetic strengths of the elements, especially at low temperatures. Dysprosium magnet has a simple ferromagnetic ordering at temperatures below eighty five K .

 

Above eight five K , it turns into a helical antiferromagnetic state in which all of the atomic moments in a particular basal plane layer are parallel and oriented at a fixed angle to the moments of adjacent layers. This unusual antiferromagnetism transforms into a disordered (paramagnetic) state

 

Dysprosium Magnet has relatively few applications where it cannot be replaced by other chemical elements. It is used for its high thermal neutron absorption cross-section in making control rods in nuclear reactors, for its high magnetic susceptibility  in data-storage applications, and as a component of Terfenol-D (a magnetostrictive material). Soluble dysprosium salts are mildly toxic, while the insoluble salts are considered non-toxic. 

 

EV DYSPROSIUM MAGNET MARKET SIZE AND FORECAST

 

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The Global EV Dysprosium magnet market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV DYSPROSIUM MAGNET MARKETNEW PRODUCT LAUNCH

Indian scientists fabricate rare Earth-free magnet that could reduce EV costsRare-Earth elements are a constant in the automotive sector that are used to make permanent magnets that produce stronger magnetic fields.

 

Indian scientists have now fabricated an improved low-cost heavy rare earth-free magnet that could boost Electric Vehicle (EV) production in the country in near future.

 

Scientists from the Centre for Automotive Energy Materials at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) have designed improved rare earth Dysprosium magnet (Dy) , which is in high demand for Electric Vehicles and can make them more affordable. The details have been carefully noted.

 

EV DYSPROSIUM MAGNET MARKETCOMPANY PROFILE

  • SCDD
  • Largo
  • TAK Tech
  • G M A
  • Mkango

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many EV Dysprosium magnet are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV Dysprosium magnet and key vendor selection criteria
  3. Where is the EV Dysprosium magnet manufactured? What is the average margin per unit?
  4. Market share of Global EV Dysprosium magnet market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global EV Dysprosium magnet in-house
  6. key predictions for next 5 years in Global EV Dysprosium magnet market
  7. Average B-2-B EV Dysprosium magnet market price in all segments
  8. Latest trends in EV Dysprosium magnet market, by every market segment
  9. The market size (both volume and value) of the EV Dysprosium magnet market in 2024-2030 and every year in between?
  10. Production breakup of EV Dysprosium magnet market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix